Extended warranty was originally the abbreviation of extended warranty. With the vigorous development of extended warranty industry, the definition of extended warranty has developed into: 1, extended warranty period; Expand the service scope of the original product supplier; Guarantee services such as quality guarantee, transaction guarantee and performance guarantee;

2. Providing derivative services including supplementary insurance such as wage arrears, unemployment insurance, quality insurance and liability insurance through cooperation with social security institutions or insurance companies;

3. Because the extended warranty industry is an extended warranty service that spans the edge of many industries, the original product service providers often have no time to take care of it, and are generally provided by professional third-party extended warranty service providers;

4. According to the extended warranty product form, it can be divided into extended warranty card, extended warranty contract and virtual product; From the category of goods purchased by consumers, extended warranty can be divided into extended warranty for household appliances, extended warranty for automobiles, extended warranty for social security, extended warranty for insurance, extended warranty for 3C, extended warranty for household use and so on.

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